I plan on also doing a credit check / background check after I receive the application back from prospective tenants.Heres the link: http://www.nj.gov/treasury/dpmc/Assets/Files/Renta...Also - do you guys usually charge application fees?

Additionally if i purchased more property i would like to do the reverse and add to the existing loan however from the feedback i have received from my local commercial lenders it seems that i would have to refi everything or apply for a new commercial loan.

Your options will be limited, You can file documents that will allow you to go after bank accounts and garnishments but that gets more complicated and he may need legal advice to do that.

From an operations stand point, make sure the quote from the contractor includes — full containment and HEPA filtered negative air movers that ideally can exhaust to the exterior, manometer with print out logs documenting the containment’s negative pressure throughout the mitigation, full removal of affected materials (drywall, baseboard), (wood framing can sometimes be sanded and then sprayed with a spor/fungicide), and finally an *inspection by a third party environmental hygienist for air clearance*.

Buyers filed ch 13 in 2012 and I received payments through the bk trustee.

Thanks so much for the well received advice, you make a Great Point!

https://www.scribd.com/document/367686924/2017-Tre...You can look at the slides from last year's multifamily market update, but there's a lot of context missing without the presenters narrative to explain the data presented.  

I received notice yesterday that effective 4/1/2018, wired interconnected smoke and CO alarms are not required on all levels (including accessible attic) in Baltimore County.

I received an offer for $160k and need to counter.

I received a tip from an agent friend that knew it was coming to market, so I ran my numbers, prepared my cash offer with no DD and a fast closing, EM, and POFs, and submitted it the day it listed (yes, I had to pull my MIL's $$ a precious week early to do this).